Tue, 24 February
1.1 C
Yerevan
USD: 376.97 RUB: 4.91 EUR: 444.71 GEL: 140.91 GBP: 509.10

Armenia’s Central Bank raises key benchmark refinancing rate to 8.5 percent

YEREVAN, August 13. / ARKA /. Armenia’s Central Bank said it has raised today its benchmark refinancing rate by 0.5 percentage point to 8.5%.

The last time the Central bank revised its refinancing rate was in 2011 September, when it cut it by 0.5 percentage  point to 8 percent. -0-

spot_img

POPULAR

Euro, dollar and ruble exchange rates against the Armenian dram have increased

The average market exchange rate for the US dollar against the Armenian dram, as of February 18, 2026, increased by 0.86 points compared to February 17, reaching 377.69 drams.

Armenian banks’ loan portfolio reached AMD 7.9 trillion in 2025 – Union of Banks of Armenia

The loan portfolio of Armenia's banking system increased to AMD 7.9 trillion by the end of 2025 from AMD 6.4 trillion in the same period of 2024, stated Daniel Azatyan, head of the Union of Banks of Armenia.

S&P assesses risks to Armenia’s financial stability as contained

International rating agency S&P Global Ratings assesses risks to Armenia's financial stability as contained.

Euro, dollar, and ruble exchange rates against the Armenian dram continued to decline: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of February 20, 2026, fell by 0.12 points compared to February 19, to 376.82 drams.

Union of Banks of Armenia: cryptocurrency market is gaining momentum with 2-3 banks planning to obtain licenses

The Armenian cryptocurrency market is gaining momentum: 2-3 banks plan to obtain separate licenses to handle these operations, Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated in response to a question from ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img